CVS HEALTH Corp (CVS) closed fiscal year 2025 with 1.27 B shares outstanding and a dividend of 2.66 USD per share.
CVS HEALTH Corp (CVS) closed fiscal year 2025 with 1.27 B shares outstanding and a dividend of 2.66 USD per share. Over the year the share count rose by 11.0 M shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has shrunk by 11.5 %. The dividend per share was 2.66 USD, essentially flat year on year. Total dividends paid came to 3.40 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 1.44B | 1.39B | 1.36B | 1.30B | 1.23B | 1.18B | 1.14B | 1.10B | 1.06B | 1.01B | 1.30B | 1.30B | 1.31B | 1.32B | 1.30B | 1.29B | 1.26B | 1.27B |
| Shares issued — SBC/options | 64.0M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 281M | 7.00M | 8.00M | 12.0M | 0.00M | 0.00M | 0.00M | 11.0M |
| Shares issued (%) | 4.46 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 21.70 % | 0.54 % | 0.61 % | 0.91 % | 0.00 % | 0.00 % | 0.00 % | 0.87 % |
| Shares repurchased | 0.00M | -45.0M | -28.0M | -65.0M | -67.0M | -51.0M | -40.0M | -39.0M | -40.0M | -47.0M | 0.00M | 0.00M | 0.00M | 0.00M | -22.0M | -12.0M | -28.0M | 0.00M |
| Shares repurchased (%) | 0.00 % | -3.24 % | -2.05 % | -5.01 % | -5.44 % | -4.32 % | -3.51 % | -3.54 % | -3.77 % | -4.64 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | -1.69 % | -0.93 % | -2.22 % | 0.00 % |
| Net addition/reduction | 64.0M | -45.0M | -28.0M | -65.0M | -67.0M | -51.0M | -40.0M | -39.0M | -40.0M | -47.0M | 281M | 7.00M | 8.00M | 12.0M | -22.0M | -12.0M | -28.0M | 11.0M |
| Net addition/reduction (%) | 4.46 % | -3.24 % | -2.05 % | -5.01 % | -5.44 % | -4.32 % | -3.51 % | -3.54 % | -3.77 % | -4.64 % | 21.70 % | 0.54 % | 0.61 % | 0.91 % | -1.69 % | -0.93 % | -2.22 % | 0.87 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.26 | 0.31 | 0.35 | 0.50 | 0.65 | 0.90 | 1.10 | 1.40 | 1.70 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.20 | 2.42 | 2.66 | 2.66 |
| Payout Ratio (%) | 11.92 % | 11.88 % | 13.98 % | 19.47 % | 21.45 % | 23.89 % | 27.73 % | 30.09 % | 34.61 % | 30.94 % | — | 39.24 % | 36.55 % | 32.81 % | 67.43 % | 37.54 % | 73.10 % | 192.14 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 0.38B | 0.44B | 0.48B | 0.67B | 0.83B | 1.10B | 1.29B | 1.58B | 1.84B | 2.05B | 2.04B | 2.60B | 2.62B | 2.63B | 2.91B | 3.13B | 3.37B | 3.40B |
| Dividend Yield (%) | 0.97 % | 0.94 % | 1.01 % | 1.22 % | 1.36 % | 1.26 % | 1.12 % | 1.42 % | 2.15 % | 2.74 % | 3.07 % | 2.69 % | 2.94 % | 1.95 % | 2.37 % | 3.06 % | 5.98 % | 3.34 % |
Figures in USD